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BORR DRILLING LTD - BORR STOCK NEWS

Welcome to our dedicated page for BORR DRILLING news (Ticker: BORR), a resource for investors and traders seeking the latest updates and insights on BORR DRILLING stock.

Borr Drilling Ltd (BORR) delivers modern offshore drilling solutions through its fleet of high-specification jack-up rigs. This news hub provides investors and industry professionals with timely updates on operational milestones, contract awards, and strategic developments shaping the company’s position in the global energy sector.

Access consolidated coverage of earnings reports, rig deployments, and safety achievements. Our repository ensures you stay informed about BORR’s progress in securing long-term drilling commitments and managing its premium asset portfolio across key offshore regions.

Discover updates on fleet expansions, partnership agreements, and operational efficiency initiatives. All content is curated to help stakeholders track the company’s performance in competitive markets while maintaining compliance with industry regulations.

Bookmark this page for streamlined access to Borr Drilling’s latest press releases and market-moving announcements. Check regularly for authoritative reporting on operational excellence in challenging offshore environments.

News

Borr Drilling Limited - Notice of Special General Meeting of Shareholders

Rhea-AI Summary
Borr Drilling Limited (BORR) will hold a Special General Meeting on December 22, 2023, to approve a reduction of the Company's Share Premium account and credit the same amount to the Contributed Surplus account, enabling dividend payments to shareholders. The record date for determination of the shareholders entitled to attend and vote at the Special General Meeting is November 27, 2023.
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Borr Drilling Limited - Grant of Restricted Stock Units and Share Options

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Borr Drilling Limited (BORR) Grants Restricted Stock Units and Share Options to Directors and Employees. The Board of Directors has approved the granting of 112,780 Restricted Stock Units (RSUs) and 2,100,000 share options to certain employees. The RSUs will vest in full on September 30, 2024, and the Options will vest equally over a three-year period commencing on March 1, 2025, with a strike price of $6.65. PDMRs have also been granted and accepted RSUs and Options. This information is disclosed in compliance with the Market Abuse Regulation and Norwegian Securities Trading Act.
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Borr Drilling Limited - Notice of Special General Meeting of Shareholders

Rhea-AI Summary
Borr Drilling Limited (BORR) to hold a Special General Meeting on December 22nd, 2023 to approve a reduction of the Company's Share Premium account and enable dividend payments to shareholders. The Board of Directors has fixed the record date for determination of the shareholders entitled to attend and vote at the Special General Meeting.
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Borr Drilling Limited Announces Third Quarter and Nine Months 2023 Results

Rhea-AI Summary
Borr Drilling Limited (Borr) announces unaudited results for Q3 and nine months ended September 30, 2023. Total operating revenues increased by 2% to $191.5 million, while net income decreased to $0.3 million. Adjusted EBITDA rose by 5% to $88.2 million. The company issued $1,540 million of senior secured notes, conducted a private placement of new shares, and intends to implement a regular quarterly dividend. CEO Patrick Schorn highlighted strong operational performance, improved backlog quality, and positive developments in market utilization and dayrates.
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Borr Drilling Limited - Invitation to webcast and conference call Q3 2023 results

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Borr Drilling Limited (NYSE: BORR) plans to release its financial results for the third quarter 2023 on November 16, 2023, with a scheduled conference call and webcast. Participants can access the earnings report and presentation from the Investor Relations section on www.borrdrilling.com.
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Borr Drilling Limited - PDMR notification

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Borr Drilling Limited announces private placement of new shares and ownership changes
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Borr Drilling Limited - capital increase in the Registry of Members

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Borr Drilling Limited announces a capital increase in the registry of members following a private placement with gross proceeds of $50 million. The issued share capital is increased by $752,283.80 to $26,408,039.10, divided into 264,080,391 shares.
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Borr Drilling Limited Announces Pricing of Senior Secured Notes

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Borr Drilling Limited announces pricing of $1,540,000,000 senior secured notes offering
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Borr Drilling Limited - Contemplated Private Placement of USD 50 million

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Borr Drilling is planning a refinancing of its secured debt and a private placement of new shares. The private placement is fully covered based on indications of interest from existing shareholders. The net proceeds will be used for debt refinancing and general corporate purposes.
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Borr Drilling Limited Announces Launch of Senior Secured Notes Offering

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Borr Drilling announces plans to offer $1.5 billion in senior secured notes and a private placement of $50 million in shares
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BORR DRILLING LTD

NYSE:BORR

BORR Rankings

#1981 Ranked by Market Cap
#2170 Ranked by Dividends

BORR Stock Data

466.65M
219.91M
6.87%
76.32%
7.04%
Oil & Gas Drilling
Energy
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Bermuda
Hamilton